Cash flow stories

Most UK Chief Financial Officers say manual spend processes are slowing change, as new research flags lingering reliance on paper-heavy payments and invoices.

Elite rolls out AI-powered Validate checks to catch questionable legal billing before invoices go out, aiming to cut write-offs and speed payment.

Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.

British Business Bank lifts Oxbury's Tier 2 backing to GBP £35 million as the specialist farm lender nears a 10% share of new agricultural loans.

London fintech Round lands USD $6 million and unveils workflow tools to cut repetitive treasury, payroll and payments work for finance teams.

Xero's Anthropic tie-up deepens finance software AI split as groups weigh integrated platforms against agent tools that work across multiple systems.

Making Tax Digital is forcing UK SMEs to confront broken finance workflows as quarterly reporting pushes demand for real-time data and open banking.

Private equity-backed firms use paid AI tools more than most peers, but many still struggle to turn sponsor pressure into practical finance gains.

UK businesses back bank-led recurring payments as GoCardless says cards and admin costs are draining revenue and delaying collections.

Plaid builds a foundation model to improve transaction analysis, lifting income classification and loan payment detection across financial services.

SAP Concur says UK firms are hampering AI and finance decisions with patchy data governance, muddled ownership and a weak culture of accountability.

Ripple Treasury adds Digital Asset Accounts as finance teams get a single view of cash and crypto balances across banks, custody providers and onchain wallets.

Beechbrook Capital has added GBP £2m in working capital to Allegro Finance, boosting the lender's film and television production finance platform.

GoCardless and Jellyfish Energy complete first live recurring Pay by Bank test, opening the open banking model to business energy billing.

Xero and Anthropic strike multi-year deal to weave Claude AI into accounting software, giving small firms real-time cash-flow and invoice insights.

Xero to embed Anthropic's Claude across accounting tools as JAX gains automation for cash flow, invoices and scenario analysis.

Brickflow adds Factored rent advances for landlords needing fast cash against rental income, with up to GBP £50,000 available within 24 hours.

Buckaroo and YouLend launch capital product for Benelux merchants, using transaction data to offer revenue-based working capital through the payments portal.

Tide adds easy access cash ISA with 3.25% variable AER for sole traders, letting self-employed users save tax-free and withdraw funds instantly.

Allegro and Elliott-backed venture opens USD $500 million non-bank lending line for film and television projects.